NOT LISTED FOR SALE

Estimated Value: $577,000 - $895,000

2 Beds
2 Baths
2,064 Sq Ft
$575/mo HOA Fee

Last Sold May 01, 2017

Last sale price $850,000 $412 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $5,805/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • En-Suite Primary Bedroom
  • Dining Room
  • Living Room
  • Central Air
  • 5-minute walk to Norris Square Park

About This Home

As of May 2017

Rare, NY Style, 2,064 square foot penthouse loft in one of Old City's best Art Deco/industrial buildings, the Daniel Building. Art Deco lobby with two elevators. Great live/work space with large industrial windows on three sides, facing east, south and west. Excellent light all day long. Open layout, high ceilings, original hardwood floors throughout and 2 full, tiled, industrial bathrooms with a laundry closet. Exposed brick walls and concrete ceiling. Stainless steel, commercial-looking architectural kitchen with stainless prep table. This unit has roof rights for an awesome roof deck (must be approved by condo association). Nearby garage parking rental possibly available to the rear of the building. Owner is a PA Broker (license in escrow). Can also be leased for $4,500/month. Located in the heart of historic Old City in the footsteps of Benjamin Franklin, with many nearby restaurants, galleries and boutique shops. Excellent public transportation in all directions.

Last Agent to Sell the Property

Nella Genovese

MGC Real Estate Group License #RS225934L Listed on: 04/01/2017

MGC Real Estate Group

Co-Listed By

Alexander Generalis

MGC Real Estate Group

Last Buyer's Agent

Nella Genovese

MGC Real Estate Group License #RS225934L Listed on: 04/01/2017

MGC Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,877

Year Built

  • Built in 1917

Lot Details

  • 2,178

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • Rented or Permit Required

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 2,064 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, exterior building maintenance, snow removal, water, sewer
  • Old City Subdivision

Listing and Financial Details

  • Tax Lot 223
  • Assessor Parcel Number 888059168

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,877

Year Built

Built in 1917

Lot Details

0

HOA Fees

$575 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Contemporary, Loft With Bedrooms
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1917
  • Remarks Public: Rare, NY Style, 2,064 square foot penthouse loft in one of Old City's best Art Deco/industrial buildings, the Daniel Building. Art Deco lobby with two elevators. Great live/work space with large industrial windows on three sides, facing east, south and west. Excellent light all day long. Open layout, high ceilings, original hardwood floors throughout and 2 full, tiled, industrial bathrooms with a laundry closet. Exposed brick walls and concrete ceiling. Stainless steel, commercial-looking architectural kitchen with stainless prep table. This unit has roof rights for an awesome roof deck (must be approved by condo association). Nearby garage parking rental possibly available to the rear of the building. Owner is a PA Broker (license in escrow). Can also be leased for $4,500/month. Located in the heart of historic Old City in the footsteps of Benjamin Franklin, with many nearby restaurants, galleries and boutique shops. Excellent public transportation in all directions.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Floors In Unit Count: 7
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2064
  • Living Area Sq Ft: 2064
  • Net Sq Ft: 2064.00
  • Price Per Sq Ft: 436.00
  • Above Grade Finished Sq Ft: 2064
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20-22

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stone
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 575.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Water, Sewer
  • HOA: No
  • Senior Community: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 427431.00
  • Land Assessed Value: 63869.00
  • Land Use Code: 590
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2064.00
  • Zoning: CMX3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1416477
  • Tax Annual Amount: 6877.00
  • Assessor Parcel Number: 888059168
  • Tax Lot: 223
  • Tax Year: 2017
  • Close Date: 05/01/2017

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2017
Closed on
May 1, 2017
Sold by
Vjs Investments Llc
Bought by
Holland Andrew and Holland Paolo
Seller's Agent
Nella Genovese
MGC Real Estate Group
Buyer's Agent
Nella Genovese
MGC Real Estate Group
List Price
$899,900
Sold Price
$850,000
Premium/Discount to List
-$49,900
-5.55%
Total Days on Market
13
Current Estimated Value
$749,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$100,042
Avg. Annual Appreciation
-1.41%

Purchase Details

Closed on
Mar 20, 2006
Sold by
Twenty N Third Street Development Lp
Bought by
Vjs Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,521
Interest Rate
6.53%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Holland Andrew $850,000 Guaranteed Abstract Corp
Vjs Investments Llc $658,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vjs Investments Llc $410,000
Previous Owner Vjs Investments Llc $392,521
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $850,000 -5.5% $412 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $899,900 -- $436 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,248 $892,500 $115,900 $776,600
2024 $12,248 $892,500 $115,900 $776,600
2023 $12,248 $875,000 $113,700 $761,300
2022 $11,618 $830,000 $113,700 $716,300
2021 $11,792 $0 $0 $0
2020 $11,792 $0 $0 $0
2019 $11,338 $0 $0 $0
2018 $6,877 $0 $0 $0
2017 $6,877 $0 $0 $0
2016 $6,035 $0 $0 $0
2015 $5,777 $0 $0 $0
2014 -- $431,100 $43,110 $387,990
2012 -- $73,248 $6,137 $67,111
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003246455

Bright MLS

APN: 888059168